How Do I Get Free Government Grant Money?
Government subsidies refer to enterprises that obtain monetary or non-monetary assets from the government for free, but do not include capital invested by the government as the owner of the enterprise. At present, the main government subsidies in our country: financial discounts, research and development subsidies, and policy subsidies.
government subsidy
- The main forms of government subsidies are:
- In addition,
- I. Approval Content
- This plan is aimed at companies in the Internet service industry that are industry-leading, have a strong driving role, have large development space, and have strong resources integration capabilities.In order to improve their comprehensive operational capabilities and platform service levels, innovate technical means and service models, optimize service functions, expand Project construction carried out on a service scale will be given a certain amount of loan subsidies.
- Key areas of support:
- (I) Basic services:
- Internet access services, domain name registration services (DNS), device hosting services (IDC), network acceleration services (CDN), etc.
- (II) Application service field:
- 1.Various network services: online content and entertainment, online education, online travel, online medical treatment, instant messaging, online search, network security, big data applications, etc.
- 2. E-commerce services: comprehensive transaction platforms, professional service platforms, mobile e-commerce platforms, etc. (including: self-built e-commerce platforms by manufacturing enterprises with independent brands, and commercial and trade circulation enterprises);
- 3.Online supply chain management and service platform for domestic and foreign trade, and a productive Internet management service platform (based on the Internet platform to provide integrated services for enterprise machine operation, research and development, production, sales, transactions, services, etc.);
- 4. Internet financial service innovation, third-party payment service innovation, mobile e-commerce financial technology service innovation demonstration, etc.
- Setting basis
- (I) "Shenzhen Internet Industry Revitalization Development Plan" (Shenfu [2009] No. 237)
- (2) "Shenzhen Internet Industry Revitalization and Development Policy" (Shenfu [2009] No. 238)
- (3) "Several Measures of Shenzhen City to Further Promote the Development of E-commerce" (Shenfu [2013] No. 119)
- Third, the number and method of approval
- Funding amount: determined according to the annual funding plan and evaluation results.
- Funding method: loan discount.
- 4. Approval conditions
- (1) The applicant must meet the following requirements:
- 1. The place of registration is in Shenzhen, which has the status of an independent legal person, and was established before October 1, 2014;
- 2. ISP license or ICP license (except for cross-border e-commerce platforms where the server is set up outside the country) must be valid. Enterprises engaged in third-party payment business must obtain the "Payment Business" issued by the People's Bank of China. license";
- 3.Enterprises in the field of application services must have a formally operated website;
- 4.The cross-border trade e-commerce platform with the server installed overseas must be filed in the "Zhongxin E-commerce Transaction Guarantee Promotion Center";
- 5. In cases where the company operates lawfully, has no major violations of laws and regulations, has no economic disputes, and has entered judicial and arbitral proceedings, it submits statistics on e-commerce as required. There are no items that have not been checked or accepted before the deadline.
- 6. The project construction fundraising plan has been clarified (own capital + bank loan total project investment), of which the project unit's own capital is not less than 30% of the total project investment, and certification documents issued by the bank must be provided.
- (2) Funding criteria:
- The total funding for each project is 70% of the total loan interest actually incurred by the enterprise, and the loan interest rate is calculated based on the actual interest rate. The maximum annual discounted interest amount does not exceed 5 million yuan, and does not exceed 50% of the total investment of the project. The cumulative discounted amount of a single enterprise does not exceed 15 million yuan. In principle, the maximum discounted loan period for a single project does not exceed 3 years.
- Government subsidies are manifested as government transfer of assets to enterprises, usually monetary assets, and may also be non-monetary assets. Government subsidies are mainly in the following forms:
- Financial allocation.
- Financial appropriation is the fund that the government allocates to enterprises without compensation. Usually, the purpose of the fund is clearly specified in the appropriation.
- For example, the financial department allocates special funds for enterprises to purchase or build fixed assets or carry out technological transformation, encourages enterprises to resettle employees for employment, grants fixed allowances for enterprises, and funds for enterprises to conduct R & D activities. Belonging to financial allocation.
- Financial discount.
- Fiscal discount interest is a subsidy given by the government to bank loan interest of lenders in accordance with the national macroeconomic situation and policy objectives in order to support specific areas or regional development. There are two main ways of financial discount:
- Article 7 of the new "Accounting Standards for Business Enterprises"
- 1. Government subsidies related to assets should be recognized as deferred income and evenly distributed within the useful life of the relevant assets and included in the current profit and loss (other income). If the relevant asset is sold, transferred, scrapped or damaged before the end of its useful life, the undistributed deferred income balance shall be transferred to the profit and loss (other income) of the asset disposal period at one time.
- Government subsidies measured at nominal amounts are directly included in the current profit and loss (other income).
- 2. Government subsidies related to income should be dealt with separately in the following situations
- (1) If it is used to compensate the related expenses or losses of the future period of the enterprise, it is recognized as deferred income, and it is included in the current profit and loss (other income) during the period when the related expenses are recognized.
- (2) If it is used to compensate the related expenses or losses already incurred by the enterprise, it shall be directly included in the current profit and loss (other income).
- 3. Government subsidies related to both assets and income. Enterprises need to decompose them into assets-related parts and income-related parts and conduct accounting treatment separately.